Free Newsletter Subscription
        BNC All Access

Reid: Spectrum Auctions Needed To Be Removed From Bill

Majority Leader says spectrum auction was removed from debt bill because it was revenue-raiser and there were questions about whether it needed to have originated in House

John Eggerton -- Broadcasting & Cable, 7/30/2011 1:34:44 PM

Sen. Majority Leader Harry Reid (D-Nev.) said on the Senate floor Saturday that the reason that the spectrum auction language was removed from his new version of a debt ceiling bill was because it raised revenue--he estimated it at some $15 billion--and so would have had to originate in the House (Article 1, Section 7 of the Constitution requires all  bills raising revenue to originate in the House).

But he also suggested it was to make it more amenable to Republicans. Reid added that the auctions should happen and will happen.

Reid's bill raises the debt ceiling rather than revenue, and makes $2.4 trillion in cuts, an effort to appease Republicans who do not want the bill to include any new taxes.

Reid, quoting from the New York Times, said that Republicans were holding the American people hostage to get concessions they would never get through regular legislation.

The Reid bill didn't look like it was going anywhere, with our without spectrum auctions. Sen. Minority Leader Mitch McConnnell (R-Ky.) said that neither the Senate nor House Republicans will vote Reid's bill. McConnell called the legislation reckless and countered that they ought to vote on it immediately and after it was defeated get down to work on a compromise bill.

McConnell said the Democrats want to run out the clock on the Aug. 2 deadline so that people would focus on the deadline rather than Democrats' failure to address the underyling problem.

Talkback
Related Content

No related content found.

Also by John Eggerton

Most Popular Pages
    No Top Articles
Newbay Business Information Resource Center

Featured Company


Most Recent Resources

Advertisement
More Content
  • Blogs
  • Photos
  • Podcasts

Stephanie Robbins

BC Beat

Stephanie Robbins
July 29, 2011
TCA: O'Donnell Brings New Life to OWN Presentation
Oprah Winfrey will always be remembered by TV critics for her infamous...
More

Michael Malone

Station to Station

Michael Malone
July 29, 2011
KUSA, Telemundo Pair Up on New Noticias
KUSA Denver is looking to dominate not just English-speaking Denver, but...
More

TCA-Anderson sm.jpg

Schmooze Gallery: August 1, 2011

View photos from recent industry events such as the 2011 TCA Summer Press Tour and San Diego Comic-Con...
0725 Sports Entertainment_sm

Schmooze Gallery: July 25, 2011

View photos from recent industry events such as the Sports Entertainment Summit and the 2011 ESPYs...
Curb Premiere-sm.jpg

Schmooze Gallery: July 18, 2011

View photos from recent industry events such as 'Curb Your Enthusiasm's Season Eight Premiere and BAFTA's "Brits to Watch" Gala...



Advertisement
About Us   |   Advertising Info   |   Site Map   |   Contact Us   |   Affiliate Links   |   RSS
© 2013 NewBay Media, LLC. 28 East 28th Street, 12th floor, New York, NY 10016 T (212) 378-0400 F (212) 378-0470
Use of this website is subject to its Terms of Use | Privacy Policy